IOH iron ore holdings limited

potential qr rail in west pilbara

  1. 7,348 Posts.
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    Story in today's West Australian Newspaper again drawing attention to the attempted QR push into WA's Pilbara region.

    The article suggested that the WA Govt see QR as a viable proposition for providing rail solutions in the Pilbara for a bunch of budding producers, and that they might be used to break the hold of BHP/RIO/FMG over rail pathways to ports.

    They specifically mentioned AGO in the article as perhaps teaming up with QR, and reiterated that production volumes around 12Mt p/a could be enough to justify building new rail pathways.

    I reckon AQA will definitely be talking to QR as a potential solution to take over & run the Anketell Rail line which would spare AQA a massive amount of capital and (of course) open up plenty of other budding producers in the West Pilbara - one being IOH at Bungaroo South.
 
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